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BITF

Closed

Bitfarms Ltd

0.8442
+0.0040 (+0.48%)
Last Update: 01 Jul 2025 23:18:00
Yesterday: 0.8402
Day's Range: 0.802 - 0.8615
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When Written:
 
0.97
Bitfarms Ltd is a publicly traded cryptocurrency mining company based in Canada. The company was founded in 2017 and operates five mining facilities in Quebec, Canada. Bitfarms primarily mines Bitcoin, but also mines other cryptocurrencies such as Ethereum, Litecoin, and Dash.

Bitfarms uses a combination of ASIC (Application-Specific Integrated Circuit) and GPU (Graphics Processing Unit) mining rigs to mine cryptocurrencies. The company has a total hashing power of over 1.5 EH/s (exahashes per second), making it one of the largest cryptocurrency mining companies in North America.

In addition to its mining operations, Bitfarms also provides hosting services to other cryptocurrency miners. The company's facilities are designed to provide a secure and reliable environment for mining equipment, with 24/7 monitoring and maintenance.

Bitfarms is listed on the Toronto Stock Exchange (TSX) under the ticker symbol "BITF".

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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